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We replaced rental brokers with software and filled 200 vacant apartments

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Re: We replaced rental brokers with software and filled 200 vacant apartments

#3
This was really well written, such a good read.

It somehow made the phrase "Everything that can be automated is automated." less... I don't know... scary I guess. I can't put my finger on it, but giving all this up to some algorithms seems wrong/worrisome for some reason, but seeing exactly how it was done made it less so.

Re: We replaced rental brokers with software and filled 200 vacant apartments

#5
Some of this software is pretty terrible. I don't remember what for but the new CRM software at my apartment required that I fill some form that I couldn't find so I went down stairs to the office and the person working for the land lord didn't know either.

We ended up figuring it out together.

Re: We replaced rental brokers with software and filled 200 vacant apartments

#8
post #6

Would love something like this to kill (or at least severely maim) the broker industry in NYC. 0 value added at the cost of 10-15% of yearly rent.

Yeah it's pretty atrocious. They're so useless. It's such a feel-bad experience working with them, knowing they're not helping at all, and knowing you have to pay them thousands of dollars if you want the apartment - for nothing.

Re: We replaced rental brokers with software and filled 200 vacant apartments

#9
post #6

Would love something like this to kill (or at least severely maim) the broker industry in NYC. 0 value added at the cost of 10-15% of yearly rent.

If I’m not mistaken, didn’t NYC enact a law last year that bans landlords from charging tenants the broker fee?
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